1. Fed’s Daly: Policymakers may need to tighten monetary policy based on the trajectory of macroeconomic data

Federal Reserve Bank of New York President Daly said that, based on the current trajectory of macroeconomic data, policymakers may need to tighten monetary policy. With inflation data not yet back within the target range and the labor market remaining tight, easing the policy stance too soon would pose risks. Policymakers will monitor changes in economic indicators and adjust interest rates accordingly. -Original

2. Hong Kong to submit a bill establishing a licensing regime for virtual asset service providers by the end of this year, covering trading, custody, advisory and management services

Hong Kong plans to introduce a bill this year establishing a licensing regime for virtual asset trading, custody, advisory, and management services. - Original

3. U.S. trade deficit surges to $105.6 billion, the highest in 17 months

The U.S. trade deficit grew 13.7% to $105.6 billion, its highest level in 17 months, despite President Trump’s tariffs. - Original

4. UAE sovereign wealth fund holds nearly $1 billion in Bitcoin

The UAE sovereign wealth fund currently holds nearly $1 billion worth of Bitcoin in its portfolio. - Original

5. South Africa’s second-largest bank, FNB, to launch Bitcoin trading services for 9 million customers

South Africa’s second-largest bank, FNB, will launch Bitcoin trading services for 9 million customers. - Original

6. Hong Kong confirms it will formally introduce a bill on Bitcoin and cryptocurrencies this year

Hong Kong confirms it will formally introduce a bill on Bitcoin and cryptocurrencies this year. - Original

7. Trump says a strong dollar won’t cause inflation, considers suspending federal gasoline tax

U.S. President Trump said he is considering suspending the federal gasoline tax, with discussions currently at an early assessment stage. - Original

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